Mr. Speaker, my colleague has highlighted many of the challenges Bill C-69 presents. We also have concerns with Bill C-69, but they are concerns that investment in Canada is fleeing. In fact, over the last two years, we have seen the most dramatic drop in foreign investment the country has ever seen. We have seen it drop in half. That is because the investment environment in Canada is one that is no longer attractive and welcoming to the people who want to invest, especially in our resource industry.
Recently, the Kinder Morgan Trans Mountain was purchased by the government, which shocked all of us. The last time that happened was under the Prime Minister's father, who was prime minister at the time. We know how that played out. Eventually Petro-Canada was returned to the private sector. It always should have been in private hands.
The member clearly is not a big supporter of the Kinder Morgan pipeline, yet we still have a robust oil industry in Canada. Canada has the third-largest oil reserves in the world. The world still is beating a path to our doorstep, wanting to buy our oil. Therefore, if the member is not supportive of the Kinder Morgan pipeline, does he then propose that we continue to use and increase the use of rail to transport oil? His own province has had a big problem at Lac-Mégantic with oil being transported by rail. Is that his solution to the way we get oil to markets outside of Canada?